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Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s):  HMDPF

Hammond Power Solutions Inc. is a Canada-based company, which enables electrification through its broad range of dry-type transformers, power quality products and related magnetics. The Company's standard and custom-designed products are essential in electrical distribution networks through an extensive range of end user applications. The Company has manufacturing plants in Canada, the United States, Mexico and India and sells its products around the globe. Its products include power transformers, furnace transformers, converter transformers, regulating transformers, multi-pulse transformers, distribution transformers, pad mounted transformers and unitized substations. Its converter transformers are used in industries such as cement and steel plants, and other related applications. It serves various industries, including renewable energy, commercial infrastructure and industrial markets. It offers a variety of transformer and reactor solutions for the solar and wind energy market.


TSX:HPS.A - Post by User

Bullboard Posts
Comment by HenoftheWoodson Mar 06, 2020 12:10am
158 Views
Post# 30773542

RE:Great quarter. Cheers!

RE:Great quarter. Cheers!

The cute thing is that they announce a dividend increase for 2020 in the news release without saying how much it is. Anyone knows? 

Otherwuse there's a total disconnect between what Bay Street thinks about the stock and the underlying performance of the business.

I will continue to hold my shares bought at 7,40$. Hopefully, once fear of the virus recedes, this stocks finds a bid. I think we should be trading between 12-15$ here in a rational market.

Cheers.

Bullboard Posts